TLDR
When building software or web applications, you can add analytics, but what does it mean to be real-time? Generally speaking, there are three types of analytics. The first one is dashboards and BI tools. These are normally used for internal purposes. The second one is user-facing analytics. These are analytics you provide to the end-users of your software or web applications. The third one is machine-learning, machine-powered, or machine-fed type of analytics. These are when you feed analytics or events directly into your systems and then have your systems do the processing automatically—like anomaly detection or fraud detection.
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Written by algoscale | Algoscale is a Data consulting company covering data engineering, applied AI, data science, & product engineering.
